Somerset Retail

We couldn't find any retail spaces for Lease and Sublease

Somerset

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,000
As of: June 24, 2017

Somerset Rates

The typical asking rate per listing is in the $20's per square foot per year. The Somerset submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Somerset Listing Supply

In the last 90 days, 0 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Somerset are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region were built in 1930 and are Class C.

Somerset Community

Market Report

Trends and status of the commercial real estate market in Somerset.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Somerset.
Research